FX:USDJPY   U.S. Dollar / Japanese Yen
449 3 0
Risky trade and it is against major trend, but break out from small consolidation to the down side can lead to some correction. Risk reward is good enough and it is worth a shot.
Target is 85.00 - 85.00 within 5 - 10 days, max.
i went home long Yen futures, or short this dollar/yen near the closing price. A higher opening wouldn't bother me, but fully expect a reversal lower Monday. Of course, it may open lower on Monday and leave longs at the top... temporarily. Prices will be higher by month end... but the next 5 days should be lower on average.
twolines CaliforniaTrader
I do believe USDJPY will make a correction to the down side next week. Thank you for the comment.
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